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Raleigh is well-known as the “City of Oaks” for its abundant number of oak trees, which are lined up in the streets and the heart of the city. The city’s history is pleasantly bountiful. Raleigh was created to be the government’s seat in North Carolina. It had become a significant point for retail shipping and a hub for the wholesale distribution for the eastern part of the state. Post World War II, the city had attracted several factories for manufacturing various products, which includes communication and electronic equipment, computers, and processed foods. Raleigh is also a center for research and development for chemicals and textiles. With the city’s emerging music and bands, as well as its bluegrass festivals, visitors can get their toes tapping. Visitors can sample many flavors of its local artisan craft brews and spirits.

Home Prices

AVERAGE
644,588 +9%
MEDIAN
588,683 +17%

Relative Price (per sqft.)

PRICE
219 +7%

Listings

ACTIVE
770 -25%
NEW
484 -7%

Market Duration

DAYS
57 +16%
Population 431,746 (48.70%)
House Size (sqft.) 2,700 (5.74%)